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Found a Rental… Now What?

Found a rental property... Now what? | When purchasing a rental property with existing tenants, it’s crucial to know whether their tenancy is month-to-month or fixed-term, as different procedures apply for each.

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Create Your Dream Team

Embarking on the journey to buy your first home is exciting and challenging. One of the most crucial steps to ensure a smooth process is assembling your dream team. This team typically includes a Realtor, mortgage broker, and lawyer, each playing a vital role in your home-buying adventure. Here’s how to create your dream team and set yourself up for success.

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Investing, Buying Tyler Marshall Investing, Buying Tyler Marshall

Buy Smart = Invest Smart

Buying your first home can be an exciting milestone! If you are interested in investing in real estate one day, consider purchasing a home that can eventually become your first rental property—a smart, two-in-one strategy. A double whammy!

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Why Invest in Real Estate?

The primary reason to invest in real estate is to achieve financial freedom. Financial freedom means having sufficient income, investments, and cash flow to support your desired lifestyle without having to actively work. For entrepreneurs, achieving financial freedom is crucial because they often lack traditional retirement plans.

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A Path to Financial Freedom

The real estate market is thriving, particularly the rental sector. Properties are emerging rapidly and selling just as quickly. The saying goes, "The best time to buy real estate is between January 1st and December 31st." This adage, often humorously repeated by investors like Leo, holds a fundamental truth: there is always a good time to invest in real estate.

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The Real Estate Life Hack

In the world of young entrepreneurs, there exists a powerful life hack that can lead to financial freedom within a decade or so. This strategy, rooted in real estate investment, has enabled many to transition from buying their first rental property to enjoying the benefits of passive income and financial independence. Here’s a step-by-step guide to this transformative approach:

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Your Comprehensive Guide to a Smooth Move

Moving to a new home can be an exciting yet overwhelming experience. Planning and staying organized are essential to ensure a smooth transition. Here's a step-by-step guide to help you successfully move from one place to another.

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Investing, Selling Tyler Marshall Investing, Selling Tyler Marshall

ORT Guidelines on Selling Rental Properties

As an investor looking to sell your rental property, it's crucial to understand and follow the Office of Residential Tenancies (ORT) guidelines to ensure a smooth transition for both you and your tenants. Proper notice and adherence to regulations are vital to maintaining good tenant relations and avoiding legal issues.

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Investing, Buying Tyler Marshall Investing, Buying Tyler Marshall

Evaluating Home Damage: Move Forward or Look Elsewhere?

When you find significant damage in a home you’re considering purchasing, you must take a step back and evaluate your options carefully. The decision to proceed with a purchase under these circumstances requires a thorough understanding of the extent of the damage, the potential costs of repair, and how these factors align with your goals and resources. Morrison Realty ‘87 shares more:

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Pricing & Timing

In the dynamic world of real estate, sellers face many concerns when preparing to list their property on the market. Two paramount considerations consistently arise: getting the right price and the critical aspect of timing the sale. As May unfolds, we delve into the insights gleaned from our interactions with sellers to shed light on these crucial aspects. Getting the Right Price.

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Selling, Investing Tyler Marshall Selling, Investing Tyler Marshall

Canada’s Capital Gains Tax Hike

In a recent announcement, the federal government revealed a significant change to Canada’s capital gains tax policy, set to take effect on June 25. This alteration entails increasing the tax burden on businesses and private investors, who will now be required to pay tax on two-thirds of their capital gains earnings, up from the previous half, upon selling real estate assets.

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ALL ACCESS 2024

You’re invited to the 2nd Annual ALL ACCESS YXE event, where we are partnering with Cheshire Homes to raise funds for accessible real estate. It will be an iconic night out on May 2nd, 2024, at 6 p.m. in Saskatoon, SK. Tickets are available for purchase on Eventbrite. For more details, please get in touch with us! Let’s make a meaningful impact on accessible housing in Saskatchewan.

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HIT THE MARKET Running and Like a Pro

When you decide to list your home in Saskatoon, it's like stepping into the rink ready to play for the win. Saskatchewan's real estate scene has its quirks, and to leverage them to your advantage, it's all about best practices that catch buyers' eyes and offers that make you smile.

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